Ameria telecom study to help investors make targeted investments

Ameria telecom study to help investors make targeted investments

YEREVAN, March 4. / ARKA /. A study of Armenia’s telecommunications sector made by Ameria consulting company will help financial institutions to make effective and targeted investments in this market, Ameria consulting company director Tigran Jrbashyan told ARKA after unveiling the findings of the study.

The study embraces cable television, mobile and fixed telephony services, Internet accessibility and use of complementary telecommunications equipment (mobile phones, laptops, tablets, TVs) in Yerevan.

"We believe that this professional study based on primary information sources will be demanded by key players in Armenia’s telecommunications market, as well as local and international financial institutions investing in this sphere” said Jrbashyan.

He said the study will be in high demand because it gives an independent and comparative evaluation of the overall telecommunications sector, which is important in making strategic decisions.

According to the study, the sector’s earnings in 2013 grew by 7 percent  when compared to 2008 figure in current prices. A substantial portion of all earnings- 64 %- were generated by mobile telephony, 17%  by  Internet access and 13%  by wired telephony.

The study also showed that cable television is one of the fastest growing segments of the telecommunications market with earnings increasing  by  more than fourfold in 2013 when compared to 2008.

According to the study, 68.7 % of the population in Yerevan aged 15-69 uses fixed telephones every day although 98.4% of them also use mobile telephones.

According to official data, foreign investments in Armenia’s telecommunications sector in the first nine months of 2013 dropped to $48.4 million from $49. 2 million from the year before.

Founded in 1998, Ameria is  one of the leading consulting companies in Armenia  offering  professional administrative, financial and legal consulting services. -0-

15:31 04.03.2014

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